381 Manhattan Avenue
Brooklyn, NY 11211
Cross street:Frost Street

Building

Type:Townhouse
Era:Post-war
Floors:3

Property

Ownership: Rental Property
Rooms: 18
Bedrooms: Studio

Financials

Price:$2,750,000
Listing Courtesy of Brick & Mortar LLC

Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5 family building in the heart of Brooklyn.

Description

Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood. The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments—2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value. Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.

Amenities

  • Voice Intercom

Neighborhood

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OLR IDX

RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.